LONGi achieves AAA ranking status in latest PV ModuleTech Bankability Ratings

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LONDON, Feb. 27, 2020 /PRNewswire=KYODO JBN/ --

LONGi, China's top solar manufacturer, has been assigned AAA-Rated status (the

highest grade awarded) by the market research division of leading London-based

PV-Tech, in the latest Q1 2020 release of the PV ModuleTech Bankability Ratings.

LONGi is the first module supplier to achieve AAA rating.

The PV ModuleTech Bankability Ratings system uses a proprietary analytical

model to establish bankability scores and ratings, for all solar photovoltaic

(PV) module suppliers, by combining both the manufacturing and financial health

of the companies.

Creator of the PV ModuleTech Bankability Ratings system, and highly-respected

PV industry analyst, Dr. Finlay Colville, noted in the release of the Q1 '20 rankings

that "LONGi is operating a differentiated business model to other A and B rated

module suppliers," and that "LONGi invested wisely, in a timely manner, and with

total conviction that PV technology would change from multi-wafer dominant to

mono-wafer dominant".

Reacting to the new AAA-Rated status, Dennis She, Senior Vice President of

LONGi added: "LONGi always attaches key importance to the company's sustainable

development, and having reliable and stable operations coupled with strong

financial health. In recent years, LONGi has continuously demonstrated its

reliable contractual capabilities, and ability to respond to market changes."

You can find the original  PV Tech article here

LONGi graded as only AAA-Rated module supplier in Q1 2020 PV ModuleTech

Bankability release

https://www.pv-tech.org/editors-blog/longi-graded-as-only-aaa-rated-module-supplier-in-q1-2020-pv-moduletech-ban

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SOURCE: LONGi Solar